Why We Like It:
Shares of EMN have been consolidating sideways for the last four and a half months. The rally this month has pushed shares back toward major resistance in the $74-75 zone. A breakout past $75.00 would be a new all-time high.

I am suggesting a trigger to buy calls at $75.25. If triggered our target is $79.75. However, we will plan on exiting positions prior to the earnings report on July 29th.
FYI: The Point & Figure chart for EMN is bullish with a $91 target.

Trigger @

- Suggested Positions -

Buy the Aug $75 call (EMN1317H75) current ask $2.15

Annotated Chart:

Weekly Chart:

Entry on July -- at $---.--
Average Daily Volume = 1.3 million
Listed on July 11, 2013